Post-G20 Public Summit: Battle for the Economy - www.battleofideas.org.uk

How is the recession affecting Europe? Even Germany, the powerhouse of Europe, saw its GDP fall 2.1% in the last quarter of 2008, worse than the Euro-wide figure of 1.5%, and unemployment rise for the first time in three years. Despite being the world’s biggest exporter, with a current account surplus second only to China, and no housing bubble to pop, ‘prudent’ Germany is suffering along with the ‘reckless’ US and UK. So how will the EU and its member states deal with the crisis, and what effect has the expansion of Europe to the East had? Is there a fault line through Europe? Who should bail out failing economies such as those of Latvia and Finland? Do the Euro and the EU help or hinder a collective European response to the crisis?

Speakers:
Bruno Waterfield, Daily Telegraph
Alexander Horn, NOVO
John Grahl, Middlesex University
John Stevens, Taube Hodson Stonex Partners


This audio is part of the collection: Community Audio
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Artist/Composer: Institute of Ideas
Date: 2009-05-16
Keywords: battle of ideas; economy; debate; europe; EU; euro; recession; Germany; bail-out;

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